Cushman & Wakefield is pleased to offer to qualified investors the opportunity to acquire a Dutch Bros. Coffee triple net asset located in San Antonio, TX. The property is less than 2 miles from San Antonio International Airport and boasts strong average household incomes over $98,000 in a 3 mi radius. Dutch Bros. Coffee (www.dutchbros.com) is a publicly traded (NYSE: BROS) coffee business based out of Grants Pass, Oregon. They currently operate 835 locations in 17 states with over ±22,000 employees. Dutch Bros stated that they plan to grow to 4,000 domestic locations. To fuel this planned growth Dutch Bros went public on the New York Stock Exchange in 2021 (symbol: BROS). In 2023, Dutch Bros produced an average unit volume of $1.97 Million and total revenue $913.48 Million. As of 2024, Dutch Bros currently has a market cap of $5.02 Billion. This location is 2023 construction with a rare double drive thru. The lease is a 15 year deal with an absolute NNN structure that has no landlord responsibilities and a corporate guaranty. In addition, there are 10% rent increases every 5 years to hedge against inflation.

This offering is an excellent opportunity for an investor looking to acquire a quality asset with a national credit coffee concept. The location adjacent to the I-410 Freeway is highly desirable for retailers and will continue to increase in value as the San Antonio market grows around the subject property.